United Community Financial (UCFC) Raises Quarterly Dividend 16.7% to $0.07; 2.5% Yield

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UCFC Announces Record Earnings for the Second Quarter and a Dividend Increase of 17%

July 17, 2018 4:10 PM EDT

YOUNGSTOWN, Ohio--(BUSINESS WIRE)-- United Community Financial Corp. (Company) (NASDAQ: UCFC), parent company of Home Savings Bank (Home Savings), announced today net income of $9.5 million and diluted earnings per share (EPS) of $0.190, a 16.6% improvement over the $0.163 per common share reported for the quarter ended June 30, 2017.

Second quarter 2018 highlights:

Total loan growth of 12.9% over the last twelve months, and 3.1% on a linked quarter basis Monthly average customer deposit growth of 10.1% over the last twelve months, and 2.2% over the last three months ROA of 1.40%, ROE of 12.56%,... More